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21
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8
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Siahna Im
  • Lender
  • Lakewood, WA
8
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21
Posts

Not every renovation needs to be high-end.

Siahna Im
  • Lender
  • Lakewood, WA
Posted

One of the biggest lessons in fix-and-flips is knowing where to spend and where to save. Focus on improvements that buyers notice most, such as kitchens, bathrooms, fresh paint, flooring, and curb appeal before investing in expensive upgrades that may not increase your return.

What renovation has consistently given you the best ROI?

  • Siahna Im

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1,395
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1,188
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Alan F.
  • Flipper/Rehabber
  • CA
1,188
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1,395
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Alan F.
  • Flipper/Rehabber
  • CA
Replied

The most important part of flipping houses is health and safety of the future occupants. Second is longevity and efficiency of the structure. Cosmetics are last. Anybody can slap lipstick on a pig. A safe  grounded & bonded electrical system, drain waste & vent system that isnt sewer outgassing & HVAC that operates efficiently far outweigh finishes. Hardwired & interlocked smoke alarms, CO sensors $ fireblocking, sealing are all extremely important. The vast majority of flips that ive repaired in my lifetime were done by people that cheaped out on the important stuff, just to make a buck. 

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